Home > Boards > Cryptocurrency > Coins >

ChainLink (LINKUSD)

LINKUSD RSS Feed
Add LINKUSD Price Alert      Hide Sticky   Hide Intro
Moderator: LINK Oracle
Search This Board: 
Last Post: 7/14/2019 1:05:27 PM - Followers: 8 - Board type: Free - Posts Today: 0

Smart Contract Startup Tapped By Google As Blockchain Partner

https://www.coindesk.com/smart-contract-startup-tapped-by-google-as-blockchain-partner
 

Google has tapped a startup token project, Chainlink, as an official Cloud Partner and the relationship suggests a deep and detailed interest in blockchain technology by the Mountain View giant.

The partnership, described in a detail Google Cloud blog post, aims to place BigQuery data on the blockchain using a “Chainlink oracle smart contract.” BigQuery is Google’s data warehousing and business intelligence solution.

Founders Sergey Nazarov and Steve Ellis created SmartContract.com and Chainlink in order to create proper middleware between traditional data sources and blockchain-based systems. They are working with money movers SWIFT as well as database company Oracle.

“We realized that a reliable oracle mechanism is a gating issue for the creation of most of the use cases that people are expecting from our space, and set out to solve this limitation of blockchain infrastructure with security, reliability, and easy consumption of the inputs/outputs needed by smart contracts to reach this new level of usefulness,” said Nazarov. “In this case we are working with Google as someone who we’ve successfully made an on-chain data provider that can now securely interact with smart contracts that want to consume their high quality data and/or various off-chain services. We’re trying to create the next generation of smart contracts that are able to go beyond tokenization, and will find their usefulness based on interactions with market events (DeFi), IoT events (Decentralized Insurance) and various other use cases.”

It’s important to note that this is one of the few blockchain products that Google has singled out in this way making the announcement a feather in Chainlink’s proverbial cap.

“At a high level, Ethereum Dapps (i.e. smart contract applications) request data from Chainlink, which in turn retrieves data from a web service built with Google App Engine and BigQuery,” wrote Allen Day, a Developer Advocate with Google. “One or more Chainlink nodes are listening for these calls, and upon observing, one executes the requested job. External adapters are service-oriented modules that extend the capability of the Chainlink node to authenticated APIs, payment gateways, and external blockchains. In this case, the Chainlink node interacts with a purpose-built App Engine web service.”

All of this means, quite simply, that Google’s products can now interact with decentralized applications in the same way, say, a client app can interact with a standard database server. Chainlink acts as the data middleman.

“Allowing smart contracts to interact with a data source of Google BigQuery’s quality, enables various new and exciting capabilities for Ethereum contracts in general e.g. more private ethereum transactions via submarine sends, as well as various exciting use cases/Dapps like prediction markets that will base their outcomes on BigQuery’s data,” said Nazarov. “We’ve really enjoyed working with the folks at Google on this initial implementation, and we’re looking forward to working with them in many more ways to come.”

Chainlink’s associated token, LINK, shot up on the news, hitting an all-time high of $1.95 before dropping to about $1.72 today.

 

While Bitcoin Soars, This Cryptocurrency is up 737% Since January

A lesser known crypto is making far more gains than bitcoin since the turn of the year.

https://www.ccn.com/crypto/bitcoin-soars-this-cryptocurrency-up-737-january/2019/06/27/

The bitcoin price is up 234 percent since January, even despite Wednesday’s drop. But while mainstream media scramble to explain bitcoin’s rise, one cryptocurrency has quietly outperformed every digital asset in the top 25. LINK, the native token of Chainlink, has soared 737 percent year-to-date.

Although LINK’s rise is parabolic, it doesn’t appear to be a crypto pump-and-dump. There are real fundamentals behind the price. In 2019 alone, Chainlink inked deals with Google and Oracle, launched its mainnet on Ethereum, and secured a listing on Coinbase.

What is Chainlink? Up 737% year-to-date

Chainlink has emerged as a key player in the word of smart contracts. While Ethereum popularized the technology, it’s very difficult for smart contracts to interact with other blockchains and real-world systems.

Chainlink fills the gap, making it possible for smart contracts to communicate with existing bank software, data feeds, and APIs. As founder Sergey Nazarov explained to Decrypt:

“Essentially, our goal is make good blockchain middleware. It’s not the sexiest way to put it, but what we’re doing is connecting systems that need to be connected for value to exist.”

Chainlink partnership with Google and Oracle

Google’s cloud team have already tapped Chainlink to improve its blockchain projects. Google’s BigQuery plans to use Chainlink as the middleman between its cloud database and Ethereum. In a Google cloud blog post, they explained:

“Ethereum can interoperate with our enterprise cloud data warehouse (BigQuery) via oracle middleware (Chainlink).”

Chainlink has also partnered with tech-data giant Oracle, which will support more than 50 Chainlink nodes.

 

The partnerships are huge catalysts for LINK, as the cryptocurrency is used to pay node operators. In other words, the more companies use the Chainlink network, the more valuable LINK becomes.

LINK Coinbase Pro listing

LINK jumped nine percent alone in the last 24 hours after Coinbase Pro announced it would support Chainlink trading.

The San Francisco-based cryptocurrency exchange will initially support two link trading pairs: LINK/USD and LINK/ETH. As per usual, Coinbase will roll out support for Chainlink in iterative stages to gauge interest and liquidity. Trading is available in all supported jurisdictions except New York state.

 
 
 

 

 

LINKUSD
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
PostSubject
#47   I own a bunch of XRP also but lakingsphan0427 07/11/19 12:23:11 PM
#46   I hear ya, but whats taking off first, Gman3343 07/11/19 10:43:36 AM
#45   Patience is the play here. LINK Oracle 07/11/19 09:22:12 AM
#44   Might sell it and buy some btc. Gman3343 07/10/19 12:40:45 PM
#43   If you don't see the potential and you lakingsphan0427 07/10/19 11:41:30 AM
#42   This is a pos Gman3343 07/10/19 11:31:40 AM
#41   Sure, looks like crap now. Down a whopping Gman3343 07/10/19 08:24:59 AM
#40   Chainlink is Exploding Higher Thanks To The "Coinbase Effect" europa7 07/09/19 02:03:04 PM
#39   LINK Retracement Complete? TopMarketGainers 07/06/19 10:20:37 PM
#38   Strong support @ 3 1/2 bucks lets go PINKYXXX 07/06/19 05:32:27 PM
#37   We are performing well despite BTC downtrend. When LINK Oracle 07/05/19 04:57:28 PM
#36   I did an open order of 150 shares lakingsphan0427 07/04/19 12:18:32 PM
#35   This sucks Gman3343 07/03/19 08:00:12 PM
#34   Dont have funds for a week or 2 . Gman3343 07/03/19 09:24:18 AM
#33   It did yesterday,, low $3.. tnc26 07/03/19 09:01:15 AM
#32   I will buy more if it gets down Gman3343 07/03/19 08:58:24 AM
#31   Grabbed some mid $3..was looking and looking and tnc26 07/03/19 01:33:04 AM
#30   Great understanding of why we hold a $100+ LINK Oracle 07/02/19 07:22:55 PM
#29   You are exactly correct. You are buying ETH LINK Oracle 07/02/19 06:27:58 PM
#28   I bought some the other day, gonna buy Gman3343 07/02/19 02:16:02 PM
#27   Heading up again while BTC is down at lakingsphan0427 07/02/19 11:27:07 AM
#26   I bought on Coinbase, no problem. Gman3343 07/02/19 08:11:55 AM
#25   Mirroring BTC along with the rest of the LINK Oracle 07/01/19 09:33:02 AM
#24   Dropping like a turd now Gman3343 06/30/19 09:21:24 PM
#23   I stand corrected it is now at $4.38 lakingsphan0427 06/29/19 12:09:50 PM
#21   On thing that I really enjoy is that LINK Oracle 06/29/19 09:18:31 AM
#20   I'm loving the trading pattern. LINK Oracle 06/29/19 09:16:38 AM
#19   Amazing how LINK is trading since February.. Damn lakingsphan0427 06/28/19 09:21:35 PM
#18   I purchased BAT at .31. Since though LINK Oracle 06/27/19 08:45:45 PM
#17   I know right.. I own a few blockchain/cryptos lakingsphan0427 06/27/19 06:47:29 PM
#16   Awesome to see that. Look pretty scarce LINK Oracle 06/27/19 05:34:37 PM
#15   For those who doesn't have Binance account, Coinbase lakingsphan0427 06/27/19 02:40:40 PM
#14   Damn I wish I had LINK since February! lakingsphan0427 06/27/19 02:37:58 PM
#13   ChainLINK article today: https://www.ccn.com/crypto/bitcoin-soars-this-cryptocu LINK Oracle 06/27/19 11:50:24 AM
#12   I have a Binance account just fine in LINK Oracle 06/26/19 05:33:15 PM
#11   Is Binance even available right now to US GreedyAgorist 06/26/19 04:04:16 PM
#10   WOW!! Anyone notice the $6 million market buy LINK Oracle 06/26/19 03:57:39 PM
#9   This is trading aggressively and hitting the Fibonacci's LINK Oracle 06/26/19 03:46:49 PM
#8   I have had good results with Binance. LINK Oracle 06/26/19 03:45:29 PM
#7   May need to increase your $10 target. LINK Oracle 06/26/19 03:44:19 PM
#6   Wow, surprised I dont see more post here. LINK Oracle 06/26/19 03:42:50 PM
#5   Using Binance....never any issues hockeypond 06/14/19 02:56:21 PM
#4   Which exchange are you using to acquire LINK? GreedyAgorist 06/14/19 01:50:40 PM
#3   Here Here....ad we need more people, however, it's hockeypond 05/22/19 08:53:12 PM
#2   I thought it was $1000 uniquealias 01/17/19 04:56:44 PM
#1   Lord Sergey will bring this to $10 by Narcissistic Nostalgia 03/28/18 07:31:02 PM
PostSubject